Commercial Industrial – 51 NE 40th St, Miami, FL 33137, USA-001-11-30T00:00:00-05:00
PRIME 20,000 sq.ft Buildable RETAIL / OFFICE DEVELOPMENT SITE IN THE HEART OF THE DESIGN DISTRICT! Opportunity to Launch Your Own Flagship Retail Destination or Restaurant / Bar and Lounge. Build 20,000 sq.ft of Retail / Office steps away from Pharrell’s new

51 NE 40th St, Miami, FL 33137, USA

$14,800,000 USD
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Address51 NE 40TH ST, Miami
Type of PropertyCommercial
Type of BusinessOffice Space, Retail Space
Price$14,800,000
Previous Price0 (44 days ago)
Property StatusActive
MLS NumberA10580046
Full Bathrooms Number0
Property Size5000
Lot Size5000
Year Built1961
Parking Space Number5
Folio Number01-31-24-027-0170
Zoning Information6101
Days on Market82

Detailed Description: PRIME 20,000 sq.ft Buildable RETAIL / OFFICE DEVELOPMENT SITE IN THE HEART OF THE DESIGN DISTRICT! Opportunity to Launch Your Own Flagship Retail Destination or Restaurant / Bar and Lounge. Build 20,000 sq.ft of Retail / Office steps away from Pharrell’s new Swan and Bevy Bar and the new Alice + Olivia store. Surrounded by Billionaire Institutional Investors, including Dacra / LCRE, Redsky / JZ Capital, Thor and Gindi family. Over $1.4 Billion of Capital Invested in the Design District. New 110 room Design District Boutique Hotel to be built a few doors away will Drive More Traffic and Increase Property Value. Located in Miami’s Most Exciting Shopping and Cultural Destination w / over 15 Popular Restaurants and 160 Luxury / National Tenants.

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Address Information
StateFL
CityMiami
CountyMiami-Dade County
Zip Code33137
Address51 NE 40TH ST
Section24
Subdivision Number27
Zip Code (4 Digits)3509
Google Location Info51 NE 40th St, Miami, FL 33137, USA
Financial Information
Price$14,800,000
Price per Foot$0
Folio Number01-31-24-027-0170
Tax Amount$53,916
Tax Year2018
Full Descriptions
Detailed DescriptionPRIME 20,000 sq.ft Buildable RETAIL / OFFICE DEVELOPMENT SITE IN THE HEART OF THE DESIGN DISTRICT! Opportunity to Launch Your Own Flagship Retail Destination or Restaurant / Bar and Lounge. Build 20,000 sq.ft of Retail / Office steps away from Pharrell’s new Swan and Bevy Bar and the new Alice + Olivia store. Surrounded by Billionaire Institutional Investors, including Dacra / LCRE, Redsky / JZ Capital, Thor and Gindi family. Over $1.4 Billion of Capital Invested in the Design District. New 110 room Design District Boutique Hotel to be built a few doors away will Drive More Traffic and Increase Property Value. Located in Miami’s Most Exciting Shopping and Cultural Destination w / over 15 Popular Restaurants and 160 Luxury / National Tenants.
Cooling DescriptionCentral Building A / C
Water DescriptionPublic Water
Sewer DescriptionOther Sewer
Parking DescriptionAssigned Parking, Guest Parking
Occupancy InformationCall Listing Agent
Remarks20, 000SF BUILDABLE FLAGSHIP RETAIL / OFFICE DEVELOPMENT SITE FOR SALE IN THE HEART OF THE MIAMI DESIGN DISTRICT. HUGE POTENTIAL FOR AN OWNER / INVESTOR
Property parameters
Full Baths Number0
Living Area5000
Lot Size5000
Total Acreage0.000
Zoning Information6101
Year Built1961
Type of PropertyCommercial
Type of BusinessOffice Space, Retail Space
Street DirectionFlorida
Parking Space Number5
Listed withStacy Robins Companies, Inc.